Nuveen Municipal Value Fund Inc (NUV) : Koshinski Asset Management scooped up 149 additional shares in Nuveen Municipal Value Fund Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 121,608 shares of Nuveen Municipal Value Fund Inc which is valued at $1,308,502.Nuveen Municipal Value Fund Inc makes up approximately 0.67% of Koshinski Asset Management’s portfolio.
Other Hedge Funds, Including , Cwh Capital Management sold out all of its stake in NUV during the most recent quarter. The investment firm sold 15,650 shares of NUV which is valued $168,394. Advisory Services Network added NUV to its portfolio by purchasing 2,010 company shares during the most recent quarter which is valued at $21,447.James Investment Research Inc boosted its stake in NUV in the latest quarter, The investment management firm added 4,450 additional shares and now holds a total of 204,877 shares of Nuveen Municipal Value Fund Inc which is valued at $2,167,599. Nuveen Municipal Value Fund Inc makes up approx 0.05% of James Investment Research Inc’s portfolio.
Nuveen Municipal Value Fund Inc opened for trading at $10.69 and hit $10.76 on the upside on Friday, eventually ending the session at $10.76, with a gain of 0.37% or 0.04 points. The heightened volatility saw the trading volume jump to 1,96,569 shares. Company has a market cap of $2,098 M.
Nuveen Municipal Value Fund Inc. is a closed-end fund. The Fund’s primary objective is current income exempt from federal income taxes and its secondary objective is the enhancement of portfolio value through selection of tax-exempt bonds and municipal market sectors. The Fund invests in municipal securities that are exempt from federal income taxes. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade at the time of investment or if they are unrated are judged by the manager to be of comparable quality. The Funds use of tender option bonds implement its investment strategy may create up to 10% effective leverage. Nuveen Asset Management LLC is the subadviser to the Fund.